News stories about Splunk (NASDAQ:SPLK) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Splunk earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the software company an impact score of 47.0344717705165 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:

Shares of Splunk (NASDAQ SPLK) traded down $0.96 during trading hours on Monday, reaching $91.51. The company’s stock had a trading volume of 852,566 shares, compared to its average volume of 1,330,000. The company has a market cap of $12,940.00, a PE ratio of -41.04 and a beta of 2.07. Splunk has a 12-month low of $54.17 and a 12-month high of $93.68.

Splunk (NASDAQ:SPLK) last announced its quarterly earnings data on Thursday, November 16th. The software company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.42) by $0.59. The firm had revenue of $328.65 million during the quarter, compared to analysts’ expectations of $309.01 million. Splunk had a negative return on equity of 72.06% and a negative net margin of 32.72%. analysts forecast that Splunk will post -1.3 earnings per share for the current fiscal year.

A number of research analysts recently issued reports on the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $76.00 price target on shares of Splunk in a report on Tuesday, November 7th. Needham & Company LLC assumed coverage on Splunk in a report on Monday, October 23rd. They issued a “buy” rating and a $95.00 price target for the company. Zacks Investment Research cut Splunk from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $80.00 price target on shares of Splunk in a report on Wednesday, November 15th. Finally, Robert W. Baird set a $75.00 price target on Splunk and gave the company a “buy” rating in a report on Sunday, October 1st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirty have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of $84.29.

In other news, Director Godfrey Sullivan sold 8,750 shares of the business’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $81.29, for a total transaction of $711,287.50. Following the completion of the transaction, the director now directly owns 207,239 shares in the company, valued at approximately $16,846,458.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO David F. Conte sold 6,993 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $80.73, for a total value of $564,544.89. Following the transaction, the chief financial officer now owns 110,364 shares of the company’s stock, valued at $8,909,685.72. The disclosure for this sale can be found here. Insiders have sold a total of 201,036 shares of company stock valued at $14,132,192 over the last 90 days. Corporate insiders own 1.43% of the company’s stock.

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About Splunk

Splunk Inc (Splunk) is engaged in the development and marketing of software solutions. The Company’s offerings enable users to collect, index, search, explore, monitor and analyze data. Its offerings address diverse data sets that are referred to as big data and are specifically used for machine data.

Insider Buying and Selling by Quarter for Splunk (NASDAQ:SPLK)

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